The price of Shiba Inu (SHIB) has dropped by 1.5% in the past hour, cutting away at gains the meme token had made as part of a market-wide rally this morning.
At $0.00000750, SHIB is up by a very modest 0.4% in 24 hours, with the altcoin down by 4.5% in a fortnight and by 6.6% in the last 30 days.
Even more worringly, SHIB has also fallen by 7% since the beginning of the year, whereas many major tokens have actually recovered substantially, with Bitcoin (BTC) increasing by 85%….
Read More: Shiba Inu is Going to Zero as SHIB Price Falls 10% and This Lesser Known Meme Coin Might Be the Next Crypto to Explode